The Connecticut Light Stock Performance
| CNLPM Stock | USD 33.31 0.05 0.15% |
The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Connecticut Light are expected to decrease at a much lower rate. During the bear market, Connecticut Light is likely to outperform the market. At this point, Connecticut Light has a negative expected return of -0.0248%. Please make sure to confirm Connecticut Light's maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if Connecticut Light performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days The Connecticut Light has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Connecticut Light is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 434 K | |
| Total Cashflows From Investing Activities | -789.8 M |
Connecticut |
Connecticut Light Relative Risk vs. Return Landscape
If you would invest 3,400 in The Connecticut Light on August 29, 2024 and sell it today you would lose (69.00) from holding The Connecticut Light or give up 2.03% of portfolio value over 90 days. The Connecticut Light is currently producing negative expected returns and takes up 1.2516% volatility of returns over 90 trading days. Put another way, 11% of traded pink sheets are less volatile than Connecticut, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Connecticut Light Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Connecticut Light's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as The Connecticut Light, and traders can use it to determine the average amount a Connecticut Light's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0198
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CNLPM |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Connecticut Light is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Connecticut Light by adding Connecticut Light to a well-diversified portfolio.
Connecticut Light Fundamentals Growth
Connecticut Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Connecticut Light, and Connecticut Light fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Connecticut Pink Sheet performance.
| Return On Equity | 0.0977 | |||
| Return On Asset | 0.0369 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 4.55 B | |||
| Shares Outstanding | 6.04 M | |||
| Price To Earning | 0.51 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 9.86 B | |||
| EBITDA | 2.64 B | |||
| Cash And Equivalents | 9.2 M | |||
| Cash Per Share | 1.52 X | |||
| Total Debt | 4.28 B | |||
| Debt To Equity | 0.74 % | |||
| Book Value Per Share | 944.13 X | |||
| Cash Flow From Operations | 973.75 M | |||
| Earnings Per Share | 74.69 X | |||
| Total Asset | 48 | |||
About Connecticut Light Performance
By examining Connecticut Light's fundamental ratios, stakeholders can obtain critical insights into Connecticut Light's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Connecticut Light is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Conn Lt is traded on OTC Exchange in the United States.Things to note about Connecticut Light performance evaluation
Checking the ongoing alerts about Connecticut Light for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Connecticut Light help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Connecticut Light generated a negative expected return over the last 90 days | |
| The Connecticut Light has accumulated 4.28 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Connecticut Light has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Connecticut Light until it has trouble settling it off, either with new capital or with free cash flow. So, Connecticut Light's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Connecticut Light sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Connecticut to invest in growth at high rates of return. When we think about Connecticut Light's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from gurufocus.com: U.S. Steel Stock Rises on Nippon Acquisition Progress |
- Analyzing Connecticut Light's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Connecticut Light's stock is overvalued or undervalued compared to its peers.
- Examining Connecticut Light's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Connecticut Light's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Connecticut Light's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Connecticut Light's pink sheet. These opinions can provide insight into Connecticut Light's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Connecticut Pink Sheet
Connecticut Light financial ratios help investors to determine whether Connecticut Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Connecticut with respect to the benefits of owning Connecticut Light security.